Even the most devoted value investor acts on the basis of expectations: that an asset selling at x will turn out to be worth 2x, and that one of these days everyone else will recognize its value and bid it up. And the agnostic buy-and-hold equity investor operates under the assumption ...
A wonderful book, helping us take one step back to realise what "success" (in worldly definition, just to be clear!) is made up of, or more appropriately, to challenge the notion that it is not a simple additive sum of talent, IQ and hard work。 The book is easy-to-read, no fluf...